WS Industries Allots 925000 Non-convertible Cumulative Redeemable Preference Shares

WS Industries India Ltd has announced that Consequent to the resolution passed by the members at the Extraordinary General Meeting of the Company held on June 14, 2006, the Company has allotted 9,25,000 Non-convertible Cumulative Redeemable Preference Shares of Rs 100/- each fully paid by way of Private Placement on October 03, 2006 as per details furnished hereunder:

1. Schroder Credit Renaissance Ltd : 7,60,000 No. of Preference shares allotted.

2. Schroder Credit Renaissance L.P : 1,65,000 No. of Preference shares allotted.

Source : Equity Bulls

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